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Posts tagged to Iran Air

Iranian aviation industry will witness strong growth post removal of sanctions: Threat of renewed sanctions under Trump presidency nevertheless persist.

MarketLine

After decades of sanctions, the US government under Obama announced in early 2016 that it was lifting sanctions on Iran, due to the latter’s compliance with the IAEA over its nuclear programme. One of the strongest beneficiaries of this removal of US led western sanctions on Iran seems to be the Iranian aviation industry, which in recent months has concluded billion dollar deals with major aircraft producers such as Boeing and Airbus, for the purchase of hundreds of planes. The deal with Boeing alone is said to go as far… Read more